T-Mobile USA, Inc. (“T-Mobile“) today reported its third quarter 2012
results, which demonstrate that successful execution of the Company’s
Challenger Strategy continues to improve performance in key operational
and financial areas. T-Mobile ended the third quarter of 2012 with 33.3
million customers, a net addition of 160,000 customers compared to the
second quarter of 2012. The sequential improvement was driven primarily
by the continued expansion of branded prepaid customers and a reduction
in branded contract net customer losses. The Company’s branded prepaid
customer growth was its best quarterly performance of this year and
exceeded the annual growth reported in 2011.

In the quarter, the Company reported adjusted OIBDA of $1.2 billion and
an adjusted OIBDA margin of 29%. As expected, third quarter 2012
adjusted OIBDA reflects higher advertising expenditures related to the
Company’s brand re-launch.

“We continue to make solid progress with our Challenger Strategy, as
evidenced by our strong performance in prepaid services, the growing
attractiveness of our Value and Unlimited plans, the execution of our
network modernization program, and the expansion of our popular handset
portfolio,” said John Legere, President and CEO of T-Mobile USA. “Our
strategy, including our ability to deliver more affordable, faster 4G
services to more customers in more metropolitan areas, will be
significantly accelerated by our proposed combination with MetroPCS.
With MetroPCS, we aim to become the industry’s leading value carrier –
for both prepaid and contract service offerings – with the scale,
spectrum and financial resources to aggressively compete with the other
national carriers.”

“The combination of T-Mobile USA and MetroPCS will further deepen the
Company’s LTE spectrum position in key metropolitan areas and provide a
path to an at least 20 by 20 MHz LTE deployment in 90% of the top 25
U.S. markets,” said René Obermann, CEO of Deutsche Telekom.

T-Mobile Strategic Initiatives Update

T-Mobile continues to make significant progress in executing its
Challenger Strategy. In September, John Legere was named President and
Chief Executive Officer of T-Mobile and has reiterated his strong
commitment to the Company’s Challenger Strategy.

Amazing 4G Services Highlights:

T-Mobile continues to advance its $4 billion 4G network modernization
plan, which includes installing new advanced equipment that paves the
way for the launch of Long Term Evolution (“LTE”) service in 2013.

Las Vegas and Kansas City were the first cities where T-Mobile
customers benefited from the launch of HSPA+ on 1900 PCS spectrum,
which delivers enhanced voice and data coverage, as well as faster
speeds on unlocked devices such as the iPhone; just yesterday,
Washington DC, Baltimore, and Houston also went live. The Company
expects to announce further network strengthening in many additional
cities in the coming months.

In the third quarter of 2012, T-Mobile completed the transaction
announced in June 2012 with Verizon Wireless for the purchase and
exchange of AWS spectrum licenses in 218 markets across the U.S. This
transaction improved T-Mobile’s spectrum position in 15 of the top 25
markets nationwide.

T-Mobile continued to expand its compelling 4G smartphone portfolio,
including adding more devices under the popular Samsung Galaxy lineup,
such as the Samsung Galaxy Note 2, and announcing the upcoming
availability of two Windows Phone 8 smartphones, including the
exclusive Nokia Lumia 810.

Value Leader Highlights:

T-Mobile is a champion of “bring your own device (BYOD)” wireless,
with affordable value plans that separate the cost of wireless service
from the purchase of a new phone.

In early September, T-Mobile launched a new Unlimited Nationwide 4G
Data plan that is a key differentiator in the marketplace.

Trusted Brand Highlights:

As part of its brand re-launch program, the Company increased
investment in advertising to highlight its fast and reliable
nationwide 4G network and its blazing fast data speeds in the U.S.

Multi-Segment Player Highlights:

In the Business-to-Business (B2B) segment, T-Mobile looks to serve as
a trusted communications advisor, helping businesses develop
cost-effective, high-value communications programs that meet their
business objectives –through bring-your-own-device (BYOD), and mobile
device management (MDM) programs as well as attractive international
mobility and mobile broadband data plans. The Company continues to
aggressively expand its B2B sales force.

T-Mobile launched three new Mobile Virtual Network (MVNO) partnerships
during the quarter: Spot Mobile, Solavei, and UltraMobile, adding to
its existing partnerships with TracFone/SIMPLE Mobile and Roam
Mobility.

Challenger Business Model Highlights:

The Company continues with its efforts to drive operational
efficiencies through the Reinvent program and is on track to achieve
$900 million in annual gross cost savings, which the Company has
started reinvesting in customer acquisition programs.

Combination with MetroPCS:

On October 3, 2012, Deutsche Telekom and MetroPCS announced their
intent to combine T-Mobile and MetroPCS and create the premier
“Challenger” in the U.S. wireless market and the value leader for
contract and no-contract service offerings.

The complementary spectrum holdings of the two companies will enable a
deeper LTE network deployment, with a clear path toward at least 20 by
20 MHz of 4G LTE in many areas of the country.

The combination will yield projected cost synergies of $6 to $7
billion.

A combined T-Mobile and MetroPCS will represent an attractive growth
company with healthy projected growth rates, including a projected 7%
to 10% EBITDA CAGR over the next five years.

Quarterly Financial Results:

For more detailed summary of third quarter 2012 financial results,
please see the separate financial results release issued by T-Mobile
today.

Forward-Looking Statements

This news release includes “forward-looking statements” within the
meaning of the Private Securities Litigation Reform Act of 1995. The
statements in this news release regarding the business outlook, expected
performance and forward-looking guidance, as well as other statements
that are not historical facts, are forward looking statements. The words
“estimate,” “project,” “forecast,” “intend,” “expect,” “believe,”
“target,” “providing guidance” and similar expressions are intended to
identify forward-looking statements.

Forward-looking statements are estimates and projections reflecting
management’s judgment based on currently available information and
involve a number of risks and uncertainties that could cause actual
results to differ materially from those suggested by the forward-looking
statements. With respect to these forward-looking statements, management
has made assumptions regarding, among other things, customer and network
usage, customer growth and retention, pricing, operating costs, the
timing of various events and the economic and regulatory environment.

About T-Mobile USA

Based in Bellevue, Wash., T-Mobile USA, Inc. is the U.S. wireless
operation of Deutsche Telekom AG (OTCQX: DTEGY). By the end of the third
quarter of 2012, approximately 131 million mobile customers were served
by the mobile communication segments of the Deutsche Telekom group —
33.3 million by T-Mobile USA — all via a common technology platform
based on GSM and UMTS and additionally HSPA+ 21/HSPA+ 42. T-Mobile USA’s
innovative wireless products and services help empower people to connect
to those who matter most. Multiple independent research studies continue
to rank T-Mobile USA among the highest in numerous regions throughout
the U.S. in wireless customer care and call quality.

In order to provide comparability with the results of other US wireless
carriers, all financial amounts are in US dollars and are based on
accounting principles generally accepted in the United States (“GAAP”).
T-Mobile USA results are included in the consolidated results of
Deutsche Telekom, but differ from the information contained herein as,
among other things, Deutsche Telekom reports financial results in Euros
and in accordance with International Financial Reporting Standards
(IFRS).

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